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Carrier To Close Indiana Plants, Move Jobs to Mexico
Hartford Courant
Carrier Air Conditioner is moving production to Monterrey, Mexico putting 1,400 Indianapolis Jobs south of the border in 2017. Carrier Air Conditioner is moving production to Monterrey, Mexico putting 1,400 Indianapolis Jobs south of the border in 2017


Eurozone Economy Grows, but Total Output Still Lags 2008
New York Times
Europe is still trying to crawl back to where it was in 2008. That was the subtext of the economic data for the eurozone published on Friday. The 19-country eurozone, the core of Europe's economy, grew at an annual rate of 1.1 percent in the last ...


Why the maker of Roomba vacuums is getting out of the warbot business
Washington Post
When IRobot unveiled its Roomba vacuum cleaner robot in 2002, people went crazy for the dinner plate on wheels that zoomed across carpets sucking up dust and dirt. It was cute. It sold millions of units. It marked the first mainstream household robot ...


Wall Street rallies; S&P 500 snaps five-day losing streak
Reuters
U.S. stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded. U.S. oil prices settled 12.3 percent higher, boosting energy shares .SPNY 2.6 percent. The ...


Deutsche Bank Buyback Said to Spark Backlash From Newest Lenders
Bloomberg
Investors who scooped up bonds sold by Deutsche Bank AG last month are pushing for better terms in the bank's $5.4 billion debt buyback plan, saying they were misled because the German lender failed to disclose its true financial position before the ...


Myspace still exists? Yes, and now Time Inc. owns it
Miami Herald
Myspace still exists? It does, and the company that owns the once-ubiquitous social network is being bought by Time Inc. to help the magazine publisher target ads. Time Inc. did not say Thursday what it paid. The publisher of People, Sports Illustrated ...


US retail sales increased slightly in January
Washington Post
U.S. retail sales rose modestly in January, evidence that Americans kept shopping despite tumbling stock prices. The Commerce Department said Friday that retail sales increased a seasonally adjusted 0.2 percent last month, the same as in December


Drew Lewis, Reagan transport secretary during strike, dies
Washington Post
PHILADELPHIA Drew Lewis, a businessman who served as U.S. transportation secretary under President Ronald Reagan during the 1981 air traffic controllers' strike, has died at age 84. Lewis, who lived on a farm in Lower Salford, in the Philadelphia ..
Tattoo parlor alongside groceries? Whole Foods floats ideas for its new 365 stores
Los Angeles Times
Bank of America Increases CEO Moynihan's Pay 23% to $16 Million
Bloomberg

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